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20121102
20121102
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. >> we get a call from the boston police. and they say, "it's a mad scene down here." >> (chanting): we want ted! >> narrator: it was the night of their first debate. >> "we're going to have to get you an escort to get into the building." they had eight or ten motorcycle police officers there to guide us through the mobs of people at the site. >> narrator: it was 47-year-old mitt romney's first campaign. >> and mitt just has this big smilon his face, and he looks at me and goes, "boy, however this turns out, this really makes it worth it." >> narrator: the race had been close. romney needed a great performance. >> i don't think he had any idea what it was going to be like, because he had never done debates under that pressure. >> narrator: he'd gotten into the race because kennedy looked weak, beatable. >> at the time ted kennedy seemed vulnerable. it was a weak period for kennedy. he looked bad, he sounded bad, and in that way he was vulnerable. >> narrator: he was dramatically overweight. there had been trouble with alcohol and women. he'd mortgaged his house to stay in the race. >> r
at eaton vance management. he joins us from that firm in boston. duncan, i take it you're a pessimist in regards to avoiding the fiscal cliff that we're going to go over? >> not really a pessimist. i think the fiscal cliff is going to be more of a fiscal slope, but there will be a tax element to it. i think because we're starting at such a low level of tax rates, we're very likely to have higher taxes either immediately with the expiration of the payroll tax and potentially on capital gains and dividends in 2013 and beyond. >> tom: how should invests approach that, invest on what tax rates may be next year? >> not really. but there are great costs to be avoided by lessening the tax drag on your investment. positioning your portfolio and making sure you're in sthooks can outperform in a rising interest rate environment-- which is another thing we're worried about-- longer term makes some sense. >> tom: so rising interest rate environment, possibly higher inflation, higher taxes. not exactly the most shiny of forecasts for investors. >> well, there is something you can do about it. you
correspond to cities like new york, atlanta, dallas, boston, los angeles, and they indicate how in the early 1990's, late 1980's, there was a very significant incrse inhe homicide rates. we have homicide rates all the way up to 60, 40, something like that. mexico's current homicide rate you can see on this tight. >> rose: 100,000. >> the rate is at 24 and it has raised significantly over the last few years. what we have confronted is a increase in homicide rates not only in mexico but in all the hemisphere over the last few years. in the decade between 2000 and 2010 the homicide rate, the averaghomide re in all of the americas increased by 60%. so what we're doing in mexico is a fight for security. we are improving the rule of law. we are confronting these cartels, we're trying to bring them down, bring them to justice. we are transforming institutions devoted to the rule of law. and we are also going to the most vulnerable area of society to try to reconstruct the social fabric. of course we want to have much better results. >> rose: are you succeeding. >> i think we would want to have mu
Search Results 0 to 2 of about 3